Showing posts with label sell. Show all posts
Showing posts with label sell. Show all posts

Tuesday, October 9, 2007

Stopped out of ICOC

No surprise here. ICOC had a quick run and as fast as it went up it quickly fizzled out and I got sucked into it. I had a super tight stop because I knew it was pretty much done for but I still wanted to give it a shot to the upside. If it fell I thought it'd probably keep heading down. Got stopped out 14.77

 

Plus, the markets have been really neutral lately, not too much has been going on. Probably in anticipation for earnings season next week so I shouldn't get too hopeful when it comes to getting a winner this week. I'm still keeping an eye out though.

 

icoc sell chart

Sold LDK...lol

Man, I don't know how to invest for the long term. My brain is so hard wired now for day trading. If I was going to trade LDK I wouldn't of bought it. I don't know what the hell I was thinking. I saw it making new highs pre market and got all excited.

 

I have my IRA at eTrade and since I bought it with cash from another trade (CHNG, made 20%) and it never settled I may be subject to a 90 day holding period, lol. I need to preserve what gains I've made so far if I'm going try and get it back to where it was before.

 

I'll probably buy some mutual fund or ETF for it. Something slow and steady.

 

I'm not even going to post the chart as it doesn't matter. Got out at 42.50